[SMM data] May 22nd Zinc Ingot inventory in SMM Free Trade Zone

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SMM5 March 22: according to SMM, as of Friday, the inventory of zinc ingots in Shanghai Free Trade Zone was 54800 tons, down 3200 tons from last week.

It is understood that this week, import parity repair, import losses narrowed, some imported zinc ingots inflow, relatively low-cost circulation in the market, it is expected that there may still be a surplus next week. The inventory of zinc ingots in the bonded area fell for five consecutive weeks, a total of 21600 tons.

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